For male citizens of the UK who were born in 1962, the state pension age is 67 years.
It means you will reach your pension age by 2029, the same day as your birthday.
How to Calculate:
If you were born on the 1st of February in 1962, you will reach the state pension age on the 1st of February in 2029. Another example: If you were born in 15th of December in 1962, you will reach the state pension age on the 15th of December in 2029.
Why is the State Pension Age Important?
The state pension age in the UK is the age at which a person is eligible to receive their state pension.
There are a number of factors that contribute to the decision of when to retire, but one of the most important is typically financial. For many people, their pension will be one of their biggest sources of income in retirement, so it’s important to understand how it works.
The state pension is a regular payment from the government that you can start receiving once you